Revolut seeks a US banking license to enhance its operations with Fed access and compete with major banks, shaping fintech's future.
Revolut files second U.S. national bank charter application, appoints new CEO, and plans nationwide banking services under federal oversight.
Cetin Duransoy has been named the fintech’s U.S. CEO, succeeding Sid Jajodia, who is now global chief banking officer.
The license would allow the firm to operate like a traditional bank and gain direct access to payment networks like Fedwire and ACH.
With an application for a U.S. bank charter, the global super app provider aims to expand its offerings and compete with ...
Revolut files for a U.S. national bank charter with the OCC to expand payments, lending, and deposit services.
The company said that the move, if approved, would allow it to offer more products to American customers as it seeks to grow globally.
Revolut has filed a second application for a US national bank charter and appointed fintech veteran Cetin Duransoy as US CEO as it expands its North America push.
Revolut has applied for a US national bank charter, committing $500m to the American market in its second attempt at a US ...